FLC

Flaherty&Crumrine/Claymore Total Return Fund (FLC) declares $0.132/share monthly dividend, in line with previous.Forward yield 6.76%Payable Feb. 26; for shareholders of record Feb. 19; ex-div Feb. 18.Payable Mar. 31; for shareholders

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NY...

Flaherty&Crumrine/Claymore Total Return Fund (FLC) declares $0.132/share monthly dividend, in line with previous.Forward yield 6.83%Payable Dec. 31; for shareholders of record Dec. 23; ex-div Dec. 22.Payable Jan. 29; for shareholders

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE:PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE:PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE...

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have declared per share dividends for November 2020 as follows:

Flaherty&Crumrine/Claymore Total Return Fund (FLC) declares $0.132/share monthly dividend, in line with previous.Forward yield 7.34%Payable Nov. 30; for shareholders of record Nov. 20; ex-div Nov. 19.See FLC Dividend Scorecard, Yield

Our "Hunker Down" portfolio is now about two months old and it's doing what it was designed to do.That is - generating a cash income that we hope is solid enough to continue through "thick and thin," whatever that turns out to be.Income up slightly, as one fund, FLC, increased its dividend, no distribution cuts (cross our fingers!).

We believe the overall credit health of the preferred market remains strong.Fixed income markets have seemingly come full circle thus far in 2020.Preferreds with exposure to commercial real estate, consumer spending, and energy all still offer above-average yield and total return potential.